NUGT vs. DUST
Compare and contrast key facts about Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Gold Miners Bear 2X Shares (DUST).
NUGT and DUST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUGT is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (300%). It was launched on Apr 1, 2020. DUST is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (-300%). It was launched on Apr 1, 2020. Both NUGT and DUST are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUGT or DUST.
Key characteristics
| NUGT | DUST | |
|---|---|---|
| YTD Return | 13.01% | -34.70% |
| 1Y Return | 37.26% | -48.34% |
| 3Y Return (Ann) | -11.99% | -26.72% |
| 5Y Return (Ann) | -21.40% | -49.06% |
| 10Y Return (Ann) | -23.05% | -57.76% |
| Sharpe Ratio | 0.78 | -0.84 |
| Sortino Ratio | 1.39 | -1.20 |
| Omega Ratio | 1.17 | 0.87 |
| Calmar Ratio | 0.49 | -0.53 |
| Martin Ratio | 3.23 | -1.20 |
| Ulcer Index | 15.30% | 44.24% |
| Daily Std Dev | 63.34% | 63.45% |
| Max Drawdown | -99.97% | -100.00% |
| Current Drawdown | -99.95% | -99.99% |
Correlation
The correlation between NUGT and DUST is -1.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
NUGT vs. DUST - Performance Comparison
In the year-to-date period, NUGT achieves a 13.01% return, which is significantly higher than DUST's -34.70% return. Over the past 10 years, NUGT has outperformed DUST with an annualized return of -23.05%, while DUST has yielded a comparatively lower -57.76% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NUGT vs. DUST - Expense Ratio Comparison
NUGT has a 1.23% expense ratio, which is higher than DUST's 1.07% expense ratio.
Risk-Adjusted Performance
NUGT vs. DUST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Gold Miners Bear 2X Shares (DUST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NUGT vs. DUST - Dividend Comparison
NUGT's dividend yield for the trailing twelve months is around 1.83%, less than DUST's 5.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Bull 2X Shares | 1.83% | 1.66% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% |
DUST Direxion Daily Gold Miners Bear 2X Shares | 5.67% | 2.22% | 0.00% | 0.00% | 0.36% | 1.27% | 0.37% |
Drawdowns
NUGT vs. DUST - Drawdown Comparison
The maximum NUGT drawdown since its inception was -99.97%, roughly equal to the maximum DUST drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NUGT and DUST. For additional features, visit the drawdowns tool.
Volatility
NUGT vs. DUST - Volatility Comparison
Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Gold Miners Bear 2X Shares (DUST) have volatilities of 20.82% and 19.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.